: DARPA "Terrorism Futures Market" to be dropped

[Dave Farber <dave () farber net>]

> July 29, 2003
> Pentagon Said to Abandon Plan for Futures Market on Terror
> By THE ASSOCIATED PRESS
>
> WASHINGTON -- The Pentagon will abandon a plan to establish a futures market
> to help predict terrorist strikes, the chairman of the Senate Armed Services
> Committee said Tuesday.
>
> Sen. John Warner, R-Va., said he spoke by phone with the program's director,
> "and we mutually agreed that this thing should be stopped."
>
> Warner announced the decision not long after Senate Democratic Leader Thomas
> Daschle took to the floor to denounce the program as "an incentive actually
> to commit acts of terrorism."
>
> Warner made the announcement during a confirmation hearing for retired Gen.
> Peter J. Schoomaker, nominated to be Army chief of staff.

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